March 2011

WTO: Boeing lifted by $5.3 billion in illegal aid

The Chicago Tribune, 31 March, 2011

Boeing Co. got a $5.3 billion boost from illegal state and federal government subsidies to develop its 787 Dreamliner and other commercial aircraft, a World Trade Organization panel found. The ruling was hailed as a landmark by the European Commission and helped even the score in the messy and long-running trade dispute between the United States and European Union over government funding of airliner development, a major source of exports in both continents. More…

Japan asks WTO not to ‘overreact’ to nuke crisis

Business Standard, 29 March, 2011

Japan will ask World Trade Organisation (WTO) members not to ‘overreact’ to the crisis surrounding the stricken nuclear plant in Fukushima Prefecture, which has prompted import restrictions on some Japanese food products over fears of radioactive contamination, trade and diplomatic sources said. More…

China to appeal WTO fasteners ruling this week

Reuters, 28 March, 2011

China will this week appeal a World Trade Organisation ruling in a case against the European Union, saying the decision does not go far enough in its favour, a person familiar with the case said on Monday. More…

WTO should facilitate duty waiver for Pakistan: EU officials

The News, 23 March 2011

The European parliamentary delegation throwing support behind Pakistan has urged the member countries of the World Trade Organisation (WTO) to facilitate duty waiver for Pakistani products, a statement said on Tuesday. More…

PM forms committee for best practices in government procurement

Hindu Business Line, 22 March 2011

India is not a member of the WTO on government procurements and has recently taken the “observer” status in the multilateral pact which sets common rules and procedures for the state procurements. More…

Lawmakers lose faith as Doha trade talks stumble

Livemint.com, 22 March 2011

Lawmakers from around the world doubt a meaningful global trade agreement will be struck in 2011 and fear the rapid growth of self-serving side deals could kill it off completely. Their frustrations come as the latest push to improve a draft global deal text by Easter drew a blank in agriculture discussions, and as a months-old initiative by the European Union to help flood-hit Pakistan hit the buffers. More…

Anti Dumping Duty on Shrimp Stays

The Economic Times, 17 March, 2011

The US International Trade Commission (USITC) on Wednesday decided to continue with the existing antidumping duty order on shrimp imported from India for another five years. The US International Trade Commission (USITC) on Wednesday decided to continue with the existing antidumping duty order on shrimp imported from India for another five years. More…

A WTO Win for China

The Wall Street Journal 17 March, 2011

An appellate panel in Geneva has sent Washington back to the drawing board with regard to a particularly unfair bit of trade “enforcement.” In the process it has set down an important marker with implications for other areas of global trade law. More…

Georgia, Russia to resume WTO entry talks this week

Reuters, 7 March, 2011

Georgia and Russia will resume talks this week over Moscow’s bid to join the World Trade Organization with Tbilisi insisting on a deal over customs controls on their internationally recognized border. More…

US to press India for trade opening

Business Standard, 05 March, 2011

The US considers India as “one of the most significant” markets for growth and will press New Delhi for promoting “open and transparent” trade and investment regime, a key American policy document has said. More…

Multilateral Trade Deal May Elude WTO Again

Business Standard, 04 March 2011

All the 153 member countries of the World Trade Organization (WTO) have vowed to intensify the talks to achieve a multilateral trade deal by 2011. But, wide gaps are already visible in the decision to introduce yet another round of negotiating texts for all sectors. More…